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Z
Oct 21, 2004 22:51:29 GMT -5
Post by azesm on Oct 21, 2004 22:51:29 GMT -5
Posted by: zeninvestor32(NEW) In reply to: None Date:10/16/2004 12:27:32 PM Post #of 18136
MORE THOUGHTS RE: PR
First, to address my post last night re: Topo and Raggs. I still believe they need some lithium. I appreciate Topo's response to me and it sounded sincere, however I simply cannot tolerate unsubstantiated, blatant, MISLEADING pump brigades. With the way Topo and Raggs were going on and on last night, you'd swear we were not only getting a filing, valuation, share structure and DeBeers buying us out, but you'd have thought Microsoft and GE were in a bidding war for CMKX. I just think they are horribly misleading to new (and current) investors. Haven't we been through this enough that they would learn? The infamous ".05" comment, the Denver races, the Indy races ... the list goes on and on about hot air that went NOWHERE. Ok, I'll grant that Topo obvioiusly knew about a PR being released last night but it was a damn PR that we were all expecting 2 weeks ago!! It IS good news (and I'll discuss that below) but certainly pretty far from the sledgehammer all the pumping would have you believe. Seems to me a post like "Good PR on the way. I think you'll like it" would have been 100x more appropriate than 100 posts basically implying "the Plan" will be revealed. I stick to my opinion and I feel it's an important one given how many new shareholders may be now monitoring the boards. Let's be realistic here. There's a lot of good things happening and let's approach this step by step.
That having been said, I do think this early morning PR was very good for us. I was expecting this 2 weeks ago. I think I see why the delay happened. First off, it appears Roger is staggering events in a logical sequence. Let's take a look.
August 24 UCAD record date August 31 CIM record date October 1 GEMM (part 1) record date October 6 UCAD distribution October 18 CIM distribution October 25 UCAD forward split October 29 GEMM (part 2) record date Novem. 18 GEMM (part 1) distribution Novem. 30 GEMM (part 2) distribution
Now look at what is already happening with UCAD's share price. It looks to me like the shorts have already taken the bait and are stuck. They now MUST cover UCAD, CIM and GEMM (part 1) since their record dates have passed. They cannot cover those dividends by buying CMKX any more. And right now, the shorts IMO are experiencing the pain and frustration of what it's going to take to cover UCAD. I don't think they're even near covered and IMO the REAL funny part is I don't think they have any idea whether the UCAD ratio will still stand (meaning if it changes based on a reduced OS number, they may be so far away from covering that it would be shocking). This should be VERY alarming to the shorts IMO. I think the shorts are already trying to work GEMM up and down to shake shares loose in preparation for round 1 with GEMM in November.
So with all this happening, now Roger drops GEMM part 2 on them and basically gives the shorts a choice. Since the record date is October 29, the shorts have 11 days to help themselves clean up a little if they so choose. Because by the time we get to November 30, the shorts have no way of knowing right now if it's going to be any cheaper to be covering GeMM than to be covering CMKX by buying CMKX right now. With part 1 of GEMM hitting November 15 and surely driving up GEMM, part 2 could be very lethal.
And somebody help me here, but at last count (2 years ago in October 2002) GEMM's share structure was 26M outstanding. Does anyone have an updated figure on this? Because right now, the first 95 million dividend shares of GEMM will be horrifying, but if you drop an extra 127 million dividend shares on TOP of that, I just can't possibly see the shorts covering GEMM at a price cheaper than covering CMKX today. I believe this is truly going to force the issue. Still, the shorts will have a choice to make. They can see right now that this is getting serious. UCAD IMO is HURTING them. GEMM part 1 will maim them further. But GEMM part 2 could be utterly devastating. They will have that choice to make by October 29. Roger has laid that out for them imo very loud and clear.
What I see happening is this. Constant dividends to induce pressure on the shorts to cover. This second GEMM dividend MAY be enough to start the covering process (perhaps small at first but enough to get things going). THEN I think the "big" news will be that we have finished our filing and it has been submitted to the SEC for their approval. My understanding is that if this is done properly (and I think it's safe to assume that Roger's presence will ensure this), it could be approved and ready for "fully reporting" status and otcbb trading as early as 6 weeks later. So if this news hits that we've filed with the SEC soon, 6 weeks out puts us just past the November 30 GEMM part 2 distribution. Which would validate that the dividends were being used to force a squeeze while in the mean time, the filing was being prepared and getting the company ready for fully reporting status. This filing part is all guesswork on my part. For all I know, the filing has already been submitted to the SEC. Only Roger, Urban and his accountants likely know the status on this.
Don't let the six week thing discourage you. It sounds to me like this whole process is meant to bring the shorts to justice. We have been giving them options already. They have been choosing incorrectly. Now, I believe each new option gets more painful. Should they STILL miraculously not respond, my guess is that CIM/SGGM can deliver some incredibly lethal blows as well. That is an additional sword dangling over the shorts' heads that they ought to be able to see. It is just getting WAY too painful to keep the short in cmkx going. And on top of it all, the shorts have no idea if MORE dividends are coming from OTHER companies. What about ECPN? What about WMC? Who knows?? How many more shots to the chin do they want their fighter to take before throwing in the towel? Not to mention they still don't even know what the REAL OS, the real float and the real distribution ratios are. Everything still seems to be based on the AS. That can (and IMO WILL likely change). And if that ratio ratchets up, they get torched even further. As I said, Hitchcock turns the screws slowly to build tension. Glenn apparently is a Hitchcock fan.
As a side note, I did want to point out that the consultant at SGGM was a former director at International Minerals Corporation which was formerly known as Ecuadorian Minerals Corporation. Given the news from CMKX about exercising its right in GEMM and the news about the Ecuadorian concessions from UCAD, SGGM seems to be working its way closer into the web. I feel pretty comfortable that IMO, Mr. Rayment is a key figure in the midst of all that is happening. GEMM may prove to be a very valuable asset in the middle of everything else.
Hope I'm clear on all of the above. I know it's a lot.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 22:53:04 GMT -5
Post by azesm on Oct 21, 2004 22:53:04 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/19/2004 7:34:59 PM Post #of 18744
TOMORROW'S THE LAST DAY
... to make your reservations for the big party to celebrate a .0002 pps, possibly win a Kia and enjoy a corn dog with Urban and Melvin at the very, very, very fine Texas Station establishment. LOL Then again, they just might extend that deadline if (miraculously) not enough people want to blow 2 grand to be "appreciated". LOL Just remember, your 2 grand could buy you:
10M shares of CMKX or 12,500 shares of GEMM or 135 shares of UCAD or 5000 shares of SGGM
All of which could be worth vastly more than your Got CMKX? teeshirt party favors. LOL
Barring some miraculous event in the next 10 days (not likely IMO), this party was a HUGE boneheaded idea. And if I'm wrong and we get the trigger before the party, I will GLADLY eat my huge heaping plate o' crow. But more likely I'll be shaking my head wondering why anyone's attending.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
There was a time, when Z's post were well worth reading an. He has a very quick mind and cuts to the chase on a subject, with very little rehtoric..I have enjoyed, in the past reading his comments.
Lately and I really don't know why..he has reversed his previous "positive" take on the "CMKX EXPERIENCE" with a more "down" often caustic approach...In any event, I will still bring his post here and I do plan to develop a section for his posts, which were entertaining and insight...I hope he resolves the demons he is fighting and returns to his previous self..
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Z
Oct 21, 2004 22:56:03 GMT -5
Post by azesm on Oct 21, 2004 22:56:03 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/20/2004 4:25:32 PM Post #of 18887
THE SCAPEGOAT
Who is at fault for this mess that has happened? IMO the blame will shift as follows.
The market makers will say "It wasn't us. We simply executed trades at the direction of our clients and met all appropriate requirements for our clients maintining adequate reserves and security."
The DTC will say "It wasn't us. We have a system in place that apparently was taken advantage of by some very clever crooks. We need to look into this further to make sure this kind of thing doesn't happen again."
The SEC will say "It wasn't us. In fact, we've aggressively made efforts to stop this exact kind of abuse with our new short-selling regulations set to go into full effect soon."
In the end, IMO, the scapegoat (and rightfully so) will be the very large hedge funds that have profited off of this for a decade. The MMs, DTC and SEC all KNOW about this but have done nothing. Now IMO they will have an opportunity to express their outrage and "take steps forward" to cure these ills. Hopefully they have diligently uncovered exactly which hedge funds are driving this because SOMEONE is going to have to come up with the funds to cover.
Who are the literally hundreds of bashers on RB and here that post several hundred times a day? Who is providing the motivation to ALL the known hatchet jobs (StockBotch, StockPatrol, StockLemon)? IMO it is the hedge funds that are in trouble and at serious risk. If they haven't already transferred as many of their assets as possible elsewhere, they're probably in the process. This one's going to be a doozy IMO because Roger is doing this RIGHT. I have never seen a short position handled this way before. IMO, he is using the DTC and SEC to properly document and correct this issue. It takes someone intimately involved with the way this all works and, being a former SEC man and CPA, Roger knows the system and how to provide transparency to everything that is happening. This will ensure IMO that the proper market mechanics kick in to resolve the naked short issue I believe exists.
IMO, there should be some very large (if not the largest) hedge funds going down and out.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 22:58:15 GMT -5
Post by azesm on Oct 21, 2004 22:58:15 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/17/2004 11:21:51 PM Post #of 18305
MY OPINION RE: DIVIDENDS
The more I've let this Operation Dividend thing settle in over me, the more I feel I understand the situation. While they are preparing the audit for filing, I believe they are addressing the naked short situation. The timing should be excellent. They are apparently finishing up the audit. What perfect timing. A squeeze could begin and then as the price is driven higher, we get the fundamentals to back it without a collapse.
And in my opinion, I don't think Urban could ever put out a press release that says "We are distributing UCAD dividends specifically to harm the shorts. This will force the issue on the DTC and, even though the shorts might get time extensions, eventually the DTC will simply have to force them to cover the UCAD shares. We expect this to cause a squeeze in UCAD and ultimately with more dividends on the way, the shorts will realize that covering cmkx is their cheapest option." LOL No, you will never get a PR like that. You will get a PR that says "Here is the record date and distribution date for your next dividend." The rest IMO will simply follow. I'm guessing Urban and Roger honestly thought the shorts would have gotten the message by now. I'm sure they're surprised the price hasn't jumped yet prior to Vegas. But this was a contingency I also believe they have planned for. And I believe if the shorts are absurd enough to continue suppressing cmkx, Roger and Urban will continue to apply maximum pain with each new twist, just as the shorts have continued to grind us down to .0001. However, nobody is forcing us to sell. Somebody WILL eventually be forced to cover. And I don't doubt that they still have some further surprises in store for the shorts. Right now, I'm looking at Roger's arsenal in front of him between CIM, SGGM and the confidential OS/float, and I'm thinking this is going to methodical and surgical as he dissects the short position completely apart.
I look for the shorts to start the week off making it look like the webcast and expectations are nothing but a disappointment. Probably 3 maybe 4 MMs on the ask at .0002 tomorrow. But I would not be surprised to see this lift gradually through the week. I do think the MMs will try to cover quite a bit by the 29th. I have always thought they have been suppressing this for awhile so that when it lifts to .0004 x .0005 there will be a mass exodus of people who say "whew, got my money back". But by the end of the following week, maybe they will feel bold enough to retest .001 to see how many sellers show up? It all depends on whether the shorts finally step up to the plate and understand their options. If they choose to stay the course and keep it suppressed, I'll be shaking my head and laughing. I think then they will have it put them in terms of shock and awe. Roger has SGGM. Roger has CIM. Roger may have other dividends at his disposal. Roger has a filing. The window is very narrow IMO for how much longer the shorts will be able to tolerate the chokehold they are already in.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 22:59:11 GMT -5
Post by azesm on Oct 21, 2004 22:59:11 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/18/2004 10:44:25 AM Post #of 18346
IN THIS MORNING
Made my decision easily and comfortably. Split the difference and bought 1/2 GEMM and 1/2 UCAD first thing this morning. I figure it's a good hedge. If the MMs continue to be stubborn about covering cmkx, then as UCAD and GEMM rise from dividend covering, I figure I'll be able to buy more CMKX.
Honestly, given what is happening with 2 rounds of dividends for GEMM, I cannot conceive of GEMM being less than a dollar into late November. Right now at .19 cents, it will only cost the MMs $23 per 1 million shares (122 shares per million x .19 pps) of CMKX versus covering 1 million shares of CMKX at $200. I think as the distribution date gets nearer the real covering will begin on GEMM and I see some spikes in the process that will put us over $1. And that's STILL cheaper at $122 per million shares of CMKX then real covering. At that level, it could still go higher (and in fact by round 2 of GEMM, I think it will). So if the MMs want to play this game, I'm hoping that I can buy 6-7x the amount of cmkx at that point if the shorts still are suppressing CMKX. As for UCAD, I think it will just continue to run right into the forward split and then run afterwards. I still believe the shorts have much covering ahead of them on that dividend.
Happy with my purchases for the short to intermediate term. I think both will have significant buying due to the dividends needing to be covered. I don't doubt that the shorts will continue to try to work the stocks and shake out shares, but to me, the ultimate trend on both points up. Of course, if I"m wrong and the shorts make the choice to start covering cmkx, well, I've got 75M of that already. LOL We'll see. I'm comfortable with my purchases. None of this is advice on what to do. Just a note as to what I did this morning, so that later if I say I'm happy about making money on GEMM/UCAD, people don't question when I got in.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 22:59:49 GMT -5
Post by azesm on Oct 21, 2004 22:59:49 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/19/2004 11:46:01 AM Post #of 18572
WHAT I THINK IS HAPPENING
I still believe this is a big game of chicken. Shorts are refusing to blink. I said I thought they would continue to suppress CMKX into the CIM dividend to make it seem like "no big deal". They don't want to make the gold news seem like a big deal either. And despite the hype about Urban giving an interview because we would have a filing, I said we probably wouldn't and we didn't. Shorts are taking advantage of all this. But the thing I still find most interesting will be their decision prior to the 29th. Do they REALLY want to take on the second round of GEMM dividends? If they don't, I would suspect we'd see a rise to .0003 x .0004 by week's end and then the first part of the week next week they'd clear out the .0004 range which IMO would induce a LOT of selling. People just looking to get out at breakeven or maybe some small profit takers. If they REALLY wanted to cover as many shares as they could before the 29th, I'd suspect they'd take it up to .001 where they would get a LOT MORE selling and probably very little buying from retail (too many retail investors afraid of it slipping back to .0004). IMO they couldn't cover anywhere near their entire short position at .001 but maybe they could cover 100B? 200B? That's better than continuing to get pounded by dividends on those 100-200B shares. And if they were still stubborn, they might try to take it back down to .0004-.0005 after the Vegas party. Shake out some more.
Only by then, I think the dividends would start getting more serious. Like SGGM. That's a record date that IMO would be more of a "Reckoning" date.
We'll see. By the 29th we'll know just how stubborn the shorts are IMO. My guess is that Urban honestly believed the covering would have begun by now. And that's why I have wholeheartedly NOT supported the Vegas party. NEVER underestimte your opponent. The shorts will break IMO. But I don't know the timeline. It may depend entirely on the filing, and that may give the shorts much more room to maneuver until it happens.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 23:00:29 GMT -5
Post by azesm on Oct 21, 2004 23:00:29 GMT -5
Posted by: willhub In reply to: zeninvestor32 who wrote msg# 18545 Date:10/19/2004 12:11:15 PM Post #of 18572
Unless there is a specific rule or law with teeth to make them cover (and I haven't seen it yet) then why should they cover anything?
All of my divs are in my account restricted and I suspect it is legal. If it isn't, then my broker, SEC, DTC, and the MM's are committing a securities violation or a crime.
Why can't they just wait until the restricted shares are made free trading and then cover. That is what I would do (unless the law requires a "cover") because at that time it would be much less expensive to find the needed shares to cover any short position they have on the dividend stocks. I think the MM's know this and are making it look like they are running the divs up to cover.
You're right Zen, just a big game.
Willhub
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Posted by: zeninvestor32 In reply to: willhub who wrote msg# 18560 Date:10/19/2004 12:23:01 PM Post #of 18572
WILLHUB
Anything's possible. We're all guessing at what the MMs are doing and how they are trying to work the system. These are just my opinions. You could be right that maybe they are covering some now and looking to extend this out a year to cover when the restrictions are lifted. My guess is IF that is what they are thinking, SGGM and other options may make that a very, very bad choice. All we can do is wait for Roger's plan to continue to unfold. The news and dividends keep coming. In the mean time, we wait.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 23:01:10 GMT -5
Post by azesm on Oct 21, 2004 23:01:10 GMT -5
More Z commentary......but first a word from...
Posted by: Drillbit In reply to: None Date:10/19/2004 12:03:06 PM Post #of 18576
Zen, a 2 cent cash dividend would bust MMs quickly IMO pre-filing. It is smart to export ore to Nevada as I don't trust anything in S. America.
We all need to work together in this snake infested swamp called the market. If we share DD and ideas, we all have a better chance to make money.
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Posted by: zeninvestor32 In reply to: Drillbit who wrote msg# 18555 Date:10/19/2004 12:11:55 PM Post #of 18576
TRUE DRILLBIT BUT
It seems obvious to me that a cash dividend at this stage for a company with absolutely no income whatsoever could be viewed as market manipulation. I"m not expecting a cash dividend. However, it is NOT market manipulation IMO for other companies to pay shares that could be distributed as a dividend for a percentage ownership of cmkx along with an investmetn (like $10M from SGGM) at current market value. This is reasonable and fair and there can be no issues with it IMO. And if it just so happens to induce short covering, well so be it. I could be wrong on this, but that's my take. Oh, and if it should happen to force a tender offer from the shorts, well, so be it also. All we did was legally have several companies buy into cmkx for a market value ownership to build a solid company. If someone else got trapped in the process, such is life.
But dropping a 2 cent cash dividend when the company has no income IMO would be highly suspicious. It COULD be possible if someone bought out any of our claims at a premium, but we do not have ANY proof of that and, until we do, I'm sticking to Operation Dividend as the method to resolve the naked short position while building fair, equitable value for CMKX and other related companies.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
Interesting take in both....
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Z
Oct 21, 2004 23:01:29 GMT -5
Post by azesm on Oct 21, 2004 23:01:29 GMT -5
Posted by: Bo14172 In reply to: zeninvestor32 who wrote msg# 18545 Date:10/19/2004 12:02:54 PM Post #of 18577
Good Tues Zen, good post. And it seems that if UC, Mr. Glenn and Mr. Williams were serious about painting the MM's into a corner, the use of dividends and the release of good news again and again is the way to do it.
Whether this is resolved to our benefit by compromise by the MM's, media exposure, litigation or all of the above, the evidentiary case against the MM's is building with each passing day.
* Far more buys than sells day in and day out with no price movement.
* The above occurs even though dividend announcements are made, value pr's are being released, expansion of mineral claims into gold and possibly silver, zinc and lead ARE OCCURRING, Goldak & TDEM survey results, drilling efforts expanding with additional rigs, 1.4 million acres of claims with over 100 anomalies, etc.
The question for the MM's is..Do they want their illegal practices exposed on Dateline before or after a lawsuit is filed? : )
Would they like to negotiate a settlement before any of this occurs, or would they rather feel maximum pain if exposed in the media and judicial system? : )
The MM's in my view are simply holding on as long as they can, but the clock is ticking, and the fuse is slowly burning shorter and shorter.
They can chose to cooperate, or Atty Glenn is going to chose their fate for them.
Be well Sir Zen,
Bo
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Z
Oct 21, 2004 23:01:46 GMT -5
Post by azesm on Oct 21, 2004 23:01:46 GMT -5
Posted by: KMT In reply to: zeninvestor32 who wrote msg# 18545 Date:10/19/2004 12:15:23 PM Post #of 18582
Zen:
Do you think it's at all a possibility that you all are incorrect with a large naked short position? Do you think it's at all possible that there has been massive amounts of dilution and the volumes we're seeing are PP holders dumping?
What is your explanation for the 40B shares of CIM being distributed at 0.0256 per share of CMKX? That's says there are 1.56 trillion shares of CMKX outstanding.
I've seen managment screw shareholders 99 times out of 100 in these types of plays. I've yet to see it happen the other way around.
I cannot think of any reason of benefit towards shareholders as to why CMKX would keep the true I/O hidden and issuing dividends at rates that make it appear that the I/O is enormous.
I guess we'll have to wait until (if/when) a filing happens.
- KMT
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Z
Oct 21, 2004 23:02:01 GMT -5
Post by azesm on Oct 21, 2004 23:02:01 GMT -5
Posted by: zeninvestor32 In reply to: KMT who wrote msg# 18565 Date:10/19/2004 12:26:40 PM Post #of 18582
KMT
I don't see that as a possibility. If Urban came to Roger and basically said "Help me dilute my shareholders by hundreds of billions of shares" I think Roger would have a serious issue with this. Based on Roger's qualifications and stature, I just simply don't see that as a possibility. It would invite an immediate class action lawsuit and everyone associated with it entangled in some nasty litigation. I just don't see it. Roger is a former CPA and former SEC enforcement attorney. He is well aware of anything and everything happening with shares in CMKX. If hundreds of billions were getting dumped, then he would truly be an accomplice in a scam. And I don't think he is.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 23:02:17 GMT -5
Post by azesm on Oct 21, 2004 23:02:17 GMT -5
Posted by: zeninvestor32 In reply to: None Date:10/19/2004 12:03:15 PM Post #of 18664
RE: UCAD TRADING
IMO we are watching the true pros attempt to cover. They are using time, shakes, unpredictable patterns and attacks (stocklemon for example) to induce any sort of selling. But the bottom line is yesterday's close was very near the high close in '04. Today they shook it down to 14.20 on 11k shares. And NOTHING. Not even a trickle of selling. I believe they are trying to clean out this range before taking the next step up. The forward split is coming on the 25th. Retail will begin re-entering if the price is again around $5 post-split. Retail doesn't like $15 stocks. They like $5 stocks more. My opinion right now is that retail probably holds the vast majority of the float anyway. The shorts IMO are trying to get them to sell. IMO retail aren't selling.
Interesting to watch the pros in action. Should they not cover cmkx by the 29th by the way, I plan on doubling down on GEMM.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 23:02:36 GMT -5
Post by azesm on Oct 21, 2004 23:02:36 GMT -5
Posted by: ACTX In reply to: zeninvestor32 who wrote msg# 18571 Date:10/19/2004 2:36:39 PM Post #of 18665
Zen: There is a way to find out about approximate short.
If all CMKXer get to together and post their position and one person keeep track of all the shares. IMHO. Since we know UC holds 51% and 75 billion is given in exchange.
Am I making any sense?
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Z
Oct 21, 2004 23:02:55 GMT -5
Post by azesm on Oct 21, 2004 23:02:55 GMT -5
Posted by: zeninvestor32 In reply to: ACTX who wrote msg# 18620 Date:10/19/2004 2:58:41 PM Post #of 18665
ACTX
No. I have seen the shareholder and cert rallies in an effort to determine this before and it is an exercise in futility. Sorry. This must be left to the experts to deal with IMO, meaning those with access to the company's TA and to the DTC. Shorts would love nothing more than the shareholders to rally in this way and for the company to put out a PR saying "pull your certs". That would mean we really don't know what we are doing and the shorts will win. The fact that this has not happened and the company continues to press forward in the manner it has surely has gotten the shorts attention by now.
Z
As always, these are my personal opinions.
Hopefully nobody in here is investing anything but "fun" money that they can afford to gamble with.
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Z
Oct 21, 2004 23:03:18 GMT -5
Post by azesm on Oct 21, 2004 23:03:18 GMT -5
Posted by: lipopog In reply to: zeninvestor32 who wrote msg# 18639 Date:10/19/2004 3:31:32 PM Post #of 18665
CMKX:
I seldom post but in the PR this morning it really struck me that Roger Glenn went down to Ecudaor and that fact was mentioned in the PR. In more than 5 years of full time investing in early stage speculative junior mining companies, I have never heard of this.
Though I have no idea of the "why' of his going, clearly Roger is not just a guy at the end of the phone for Urban as he gets us fully reporting. This is his second road trip for CMKX and so he must be centrally involved in general business decisions.
Now a man of Roger's repuatation and success must have several dozen different important clients at any given time. Yet he is spending enormous time on our company, maybe the majority of his time.
This must validate the notion that something very powerful, real and important is going on for CMKX that would merit so much of his time.
It is incredibly reassuring and exciting to me.
Alan
This has been a good thread and well worth the read....
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